NOT LISTED FOR SALE

7997 Shady Oak Trail Unit 117 Charlotte, NC 28210

Starmount Forest Neighborhood

Estimated Value: $110,000 - $131,965

2 Beds
1 Bath
826 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $112,500 $136 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $935/month

194 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Laundry Room
  • South Mecklenburg High School Rated A-
  • Rear Porch
  • 1-Story Property

About This Home

As of March 2023

Great 2 bedroom, 1 bathroom condo located in Quail Run. Located on the 1st floor. Tenant occupied and tenant pays $1099 through 1/19/2024. New flooring and neutral gray paint throughout. Convenient to Light Rail, Bus Line, shopping, retail, and I-84 and I-77. These condos are non-warrantable per FNMA and Freddie Mac due to the tenant vs occupancy ratio...Buyer and Buyer agent to confirm with Lender.

Last Agent to Sell the Property

Sarah Kennerly

Cottingham Chalk License #81208 Listed on: 08/30/2022

Cottingham Chalk

Last Buyer's Agent

Erin Ferguson

LPT Realty, LLC License #308474

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 1973

Lot Details

  • 5

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 826 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Rear Porch
  • Lawn

Community Details

  • Cedar Management Association, Phone Number (704) 644-8808
  • Quail Run Condos
  • Quail Run Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 173-312-67

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$916

Year Built

Built in 1973

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Year Built: 1973
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 136.20
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 826
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 826
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Living Area: 826
  • Bedroom Main: 2
  • Room Count: 5
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 188.49
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Quail Run
  • Senior Community: No
  • Association Name: Cedar Management
  • Phone: 704-644-8808
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2261.88

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Parcel Number: 173-312-67
  • Land Included Yn: 0
  • Zoning Specification: R17MF

Rental Info

  • Pets Allowed: Conditional

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Mar 29, 2023
Sold by
Brr Quail Run Llc
Bought by
Mih Ngha Ivo
Seller's Agent
Sarah Kennerly
Cottingham Chalk
Buyer's Agent
Erin Ferguson
LPT Realty, LLC
List Price
$117,000
Sold Price
$112,500
Premium/Discount to List
-$4,500
-3.85%
Views
280
Current Estimated Value
$122,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,079
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
Jun 10, 2014
Sold by
Little Sunshines Llc
Bought by
Buffalo River Realty Llc

Purchase Details

Closed on
Aug 20, 2013
Sold by
Equity Trust Co
Bought by
Little Sunshines Llc

Purchase Details

Closed on
May 29, 2009
Sold by
Wachovia Bank Na
Bought by
Equity Trust Company and David Rupe Ira

Purchase Details

Closed on
May 5, 2008
Sold by
Rivers Craig L and Rivers Rhonda D
Bought by
Wachovia Bank Na

Purchase Details

Closed on
Jan 5, 2001
Sold by
Hawfield Stephen D
Bought by
Rivers Craig L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,355
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2000
Sold by
Vyas Rajesh D and Vyas Vaishali R
Bought by
Hawfield Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,355
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mih Ngha Ivo $112,500 None Listed On Document
Buffalo River Realty Llc $169,000 None Available
Little Sunshines Llc -- None Available
Equity Trust Company $17,000 None Available
Wachovia Bank Na $32,437 None Available
Rivers Craig L $66,000 --
Hawfield Stephen D $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brr Quail Run Llc $5,682,225
Previous Owner Rivers Craig L $58,355
Previous Owner Hawfield Stephen D $52,000
Closed Rivers Craig L $3,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $112,500 -1.2% $136 / Sq Ft
03/01/2023 03/01/23 Price Changed $113,900 -2.6% $138 / Sq Ft
10/29/2022 10/29/22 Price Changed $117,000 0.0% $142 / Sq Ft
10/29/2022 10/29/22 For Sale $117,000 +4.0% $142 / Sq Ft
10/09/2022 10/09/22 Off Market $112,500 -- --
08/30/2022 08/30/22 For Sale $114,900 -- $139 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $916 $105,957 $0 $105,957
2022 $563 $45,300 $0 $45,300
2021 $552 $45,300 $0 $45,300
2020 $544 $45,300 $0 $45,300
2019 $529 $45,300 $0 $45,300
2018 $395 $24,500 $7,500 $17,000
2017 $380 $24,500 $7,500 $17,000
2016 $371 $24,500 $7,500 $17,000
2015 $359 $24,500 $7,500 $17,000
2014 $354 $24,500 $7,500 $17,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3899526

Canopy MLS (Canopy Realtor® Association)

APN: 173-312-67